Primavera Risk Analysis training

Secure Your Project Management

Maximize your Complex Projects with Quantitative Risk Analysis

 In two days of immersive training, you’ll be immersed in the dynamic world of quantitative risk analysis and improved management of complex projects.

 
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Primavera Risk Analaysis training Objectives

  • The objectives of the Primavera risk analysis training are to master the software functions in order to contribute to decision making and evaluate probabilities concerning deadlines and finances in order to mitigate risks, and more specifically those concerned by an EPC project (Engineering, Procurement, and Construction).

     

Learning Outcomes of the Primavera Risk Analaysis training Training

CERTIFICATION

MESLI Consulting is a certified Gold Partner for Oracle solutions, including Primavera P6, Oracle Primavera Cloud, Primavera Risk Analysis, Unifier, and Aconex.

Primavera P6 Advanced Training Resources and Skills program

Why is Primavera Risk Analysis useful for improving your schedule and risk analysis?

Difference between a deterministic parameter and an uncertain parameter for durations and costs

  • Difference between a deterministic and an uncertain parameter for durations and costs
  • Duration and cost application
  • Probabilistic risk modeling
  • Difference between uncertainty and risk
  • Main benefits of quantitative risk analysis

Preparation of the risk analysis – Configuration of input data

  • Importing project schedules from Primavera P6 or MS Project
  • Modification of scheduling options (calendars, resources, and costs)
  • Assignment of resources to activities
  • Task coding with Primavera Risk Analysis
  • Group and sort activities
  • check the schedule with Primavera Risk Analysis
  • How to Secure the Baseline ?
  • Modeling uncertainty on durations and costs
  • Establishing a strategy for assigning uncertainties to tasks
  • Establishing a strategy for assigning uncertainties to tasks
  • Use of hierarchical modeling (WBS)
  • Modeling risks related to events compiled in the risk register
  • Import and export of the risk register to Excel
  • Integration of weather constraints
  • Risk hierarchy by impact

Oracle Primavera Risk Analysis: How Does It Work?

  • Improvement of time and cost estimates
  • The impact of a skewed distribution
  • Effect of parallel paths
  • Effects of correlations between tasks
  • Description of the calculation method of Oracle Primavera Risk (Monte-Carlo simulation)
  • Use of iterative simulation

Use of risk analysis to mitigate risks Use of output data to limit the impact on your projects

  • Creation of customized reports (graphs and tables)
  • Distribution chart
  • Display of planning
  • Risk factors, tornado chart
  • Measurement of sensitivity (criticality,…)
  • Interpretation of Oracle Primavera Risk Analysis charts
  • Penalty assessment
  • Risk pre-mitigation and post-mitigation
  • Implementation of risk scenarios
  • Customized reporting according to your needs

Conclusion for Primavera Risk Analysis training